The Knowledge Congress

Press Release

Greenberg Traurig’s Weisun Rao, Ph.D., to Speak at the Knowledge Group’s The U.S.-China Business Relationship – The Most Important Issues: A Complex Balancing Act Event

New York, NY, July 01, 2014 --(PR.com)-- Weisun Rao, Ph.D., Shareholder, Greenberg Traurig, LLP will speak at the Knowledge Group’s webcast entitled: “The U.S.-China Business Relationship – The Most Important Issues: A Complex Balancing Act.” for the webcast will be presented live on September 9, 2014 from 10:00 a.m. to Noon (ET). The Knowledge Group is the leading producer of regulatory focused webcasts.

For further details, please visit: http://theknowledgegroup.org/event_name/the-u-s-china-business-relationship-the-most-important-issues-a-complex-balancing-act-live-webcast/

About Dr. Weisun Rao

Dr. Weisun Rao focuses his practice on intellectual property law and business law. He is experienced in developing IP strategies and building and managing IP portfolios for legal and business opportunities in the United States, China and elsewhere in the world. Additionally, Rao also advises clients on monetizing and enforcing their IP rights throughout the world. He counsels clients on IP and business issues in the pharmaceutical, biotechnology, nutraceutical, medical device, advanced material and mechanical industries. Rao’s addition experience includes due diligence and counter-diligence investigation, negotiating and drafting technology transfer agreements and licensing agreements, and providing patentability, validity, infringement, and freedom-to-operate opinions.

Rao is involved in such business transactions as cross-border mergers and acquisitions. He is particularly experienced in advising non-Chinese clients on legal regulations and business practices in China and advising Chinese businesses interested in entering or expanding in the U.S. market.

About Greenberg Traurig, LLP

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 1750 attorneys serving clients from 36 offices in the United States, Latin America, Europe, Asia, and the Middle East. The firm is among the “Power Elite” in the 2014 BTI Client Relationship Scorecard report, which assesses the nature and strength of law firms' client relationships. For additional information, please visit www.gtlaw.com.

Event Synopsis:

The relationship between the U.S. and China is the most important in the world. Whether the two nations can co-exist may be a significant political and economic challenge.

Under President Xi Jinping, China’s policy is changing quickly, with greater consolidation of power and more strategic economic and market reforms. There is interest in taking some limited measures to control state enterprises, but not to reduce the power of the Communist party.

China faces formidable challenges from environmental degradation, internal dissent, and changing demography due to the ‘one-child per family’ policy. Tension between China and the U.S. increases regarding numerous issues such as the instability of North Korea, maritime security in the South China Sea, human rights, data and information theft, cyber-attacks, and trade disagreements.

Many specific, contentious issues exist. Among these, the Chinese government has invested in many Western firms, such as Dalian Wanda’s acquisition of AMC, and it is unclear whether the U.S. Committee on Foreign Investment might obfuscate further investment. The Chinese government has been trying to control corruption, and securities violations thereby affecting domestic and foreign companies. Antimonopoly review of transnational mergers by China’s Ministry of Commerce has become a significant consideration in global M&A transactions, and many foreign companies operating in China have faced antimonopoly investigations and private litigation over their pricing and licensing practices, raising concerns that the Antimonopoly Law is being used for industrial policy reasons, rather than to promote competitive markets in China. Although China has some intellectual property (IP) protection policies for foreign multi-nations, it has a long-standing reputation as a haven for violators of IP law and deep concerns remain as stated recently by the Assistant US Trade Representative for Intellectual Property and Innovation in a report on behalf of the US-China Business Council . Many Chinese students who studied in the United States now are senior government or business officials in China. US law previously did not affect China too substantially. However, many Chinese companies now are affected by far-reaching U.S. laws, regulations, investigations, or litigation. Perception of political and economic bias in the US review of mergers or in application of U.S. laws such as FCPA have resulted in reciprocal, retaliatory actions by China.

In this webinar, a group of experts in their fields will discuss the pertinent issues of Chinese investment, trade, capital markets, and compliance and conflict with regulations, laws, and resulting litigation.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/